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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 31.69+2.9%Nov 21 4:00 PM EST
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From: kapex4/27/2022 6:27:51 AM
4 Recommendations

Recommended By
Goldilocks
isopatch
roguedolphin
the longhorn

  Read Replies (1) of 206977
 
Gold has corrected here in a beautiful ABC with the C a 5 wave decline complete with folks questioning whether it's now a bear market.
You've got to love emotions right?

So this last move down had an outside day last week after the one green candle up day presaging the large decline..
Interesting how those inside and outside days telegraph a large move.

Futures Gold Chart Daily (finviz.com)

So this 5 wave decline is certainly That.
But is it just a 1 of the C or was it the entire C wave.

Personally.....I like gold right here and Now.

Cheers!
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